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@callahra -Yes
You deduct this expense where you deduct your other rental expenses. Schedule E or Schedule C as a "Other Deduction". You can account for it as a landlord. As a rental, it is not a personal expenditure and is tax deductible.
Generally, you claim expenses related to rental property on Schedule E and attach it to your individual income tax return. However, if you own the condo via a corporation, then you would fill out an IRS Form 1120 or 1120 S, which are tax returns for C corporations and S corporations, respectively.
Follow these steps to enter Rental Income and Expenses:
To go directly to the section of the tax return to enter information about rental income and expenses, use these steps:
Sounds to me like HOA dues, more so than a "club membership". Just work through the rental expenses section and the VERY LAST SCREEN in that section will ask your for miscellaneous expenses. You can enter it there. But don't label it "club membership" if it's a requirement or condition of ownership. I'd call it HOA Dues, as that's most likely what it is.
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